Shares of Dollar Tree, which sells items for $1 or less at its namesake chain and at a variety of prices at its smaller Deal$ chain, rose more than 4 percent.

Dollar Tree said it expected earnings of 97 cents to $1.02 a share for this quarter. Analysts on average had forecast 97 cents, according to Thomson Reuters I/B/E/S.

The company gave a sales outlook of $2.2 billion to $2.26 billion for the quarter, largely in line with Wall Street expectations. It expects sales at stores open at least a year to be flat to up by a low single-digit percentage rate.

During the third quarter ended on Oct. 27, selling and general expenses as a percentage of sales fell 0.6 points to 24.2 percent, helping Dollar Tree overcome disappointing same-store sales and report a stronger-than-expected profit.